
NHPC estimates will require the project to invest £22 700 crore, while the state major already spent £973 CRORE in a detailed report on the project (DPR).
The project is expected to generate approximately one -year revenue £4 024 Crore on the planned tariff £5.5 per unit and plant load factor around 45%, according to industry estimates.
The Government of Jammu & Kashmir (J&K) is interviewing the Ministry of Power of the Union to either develop the Sawalkot project independently through Kashmir Power Development Corp. (JKPDC), State Entities, or through common enterprises (JV) Chenab Power Projects (CVPP), where they reported 44.71% of the stake they said.
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If JKPDC ensures a share and share of income, could earn it around £1,800 crore per year, according to one of three people. “It is still necessary to decide whether the NHPC, JKPDC or SE project are projecting.”
Meanwhile, NHPC was looking for GST and Water Cess concessions to maintain viable tariffs, said the other person and added that if the decision was taken quickly and the project would receive a central permit, the Sawalkot could be completed and entrusted with 2033.
“The Government of Jamm and Kashmir can look at the offer of some concessions in case the project is in the form of a common enterprise and the center, provides incentives for share in its own capital by the state,” the third party said.
Questions sent to NHPC and the Ministry of Power of the Union remained unanswered at the time of publishing. JKPDC officials could not be reached immediately.
The NHPC official, who requires anonymity, said that the Foreign Ministry could consider the project to carry out the project independently due to the high capital requirement. “They can push more on the JV route as they have in other projects,” the clerk said.
If the state government took over the project, NHPC would have to pay interest on the DPR plus. In the case of a joint enterprise, it would be necessary to pay a proportional share in the costs of DPR, the NHPC official said.
States often prefer ownership shares in hydropower projects for secured long -term revenues, due to the high capital expenditures of these projects, but low operating costs, while water is the primary “fuel”. The inspection also provides the word in operations, essential, where it is extensive soil use, water resources and relocation of the population, said experts in the field.
The center historically motivated state capital in hydropower projects for rapid development, which is a policy suspended for some projects in FY26, but is expected to continue, which will be an attractive joint venture, a third party said.
Indus Water Association on Suspension and Water Energy
Indian hydropower in J&K gained a new dynamics after the Center suspended the 1960 Indus Waters contract with Pakistan after a terrorist attack in Pahalgam in April, which claimed 26 lives. The contract, signed as part of the World Bank mediation, reduced the Indian storage capacity on the rivers flowing to Pakistan to 3.6 million acres (MAF).
With the Aneayance contract, India is now examining the dams and reservoirs for flood control on the Indus, Jhelum and Chenab rivers, which have a combined average annual drain of 136 MAF, of which 40% come from India. In other words, approximately 54.4 MAF water comes from Indian territory.
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On the front of the water energy, the center also pushes to complete and expand the projects, with Sawalkot identified as a potential storage point due to its early stage status.
“Projects on these key rivers do not have large storage capacity. Since the government focuses on creating water storage tanks, Sawalkot could be a key project in which the storage can be incorporated because the design has to begin.
The current installed capacity of the J&K hydropower costs more than 3 GW, which is deep below the estimated potential of 18,000 MW.
The JKPDC with an annual turnover exceeding $ 150 million operates the Baglihar 900 MW project, which is governed by the Indus Water contract. It also manages 175 MW of gas turbine energy in Pampore near Srinagar.
In the March address of the J&K Assembly, the Minister of Jal Shakti Javed Ahmad Rana emphasized the unused hydropower reserves in the region and noted that the Chenab River Basin itself could support 11,283 MW, with another 3,084 MW in the Jhelum and 500 MW basin.
J & KS INFRA PUSH
Meanwhile, India increases the development of infrastructure to strengthen civil and military readiness in a sensitive area. A number of projects are quickly monitored from the critical extraction of minerals and railway connections to waterways and fortified highways.
Among them, the renewed focus of water and water transport is obtained. On 12 May, the Indian Inland Waterways (IWAI) began its office in Srinagar and identified a series of river navigation projects in J&K. This includes the development of infrastructure on three national waterways-Chenab (NW-26), Jhelum (NW-49) and Ravi (NW-84).
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The plan includes setting the floating pier in ten locations, stretching keys for navigation, installing night navigation aids and carrying out regular hydrographic surveys to ensure safe passage of vessels.
(Tagstotranslate) Hydroelectric project Sawalkot (T) J & K The development of hydropower